NOTES:
1 - It's only works on iPod Touch 2nd Generation!!!
2 - If you just want the Battery Percentage Toggle, you can try this.
3 - Feel free to mod this for other devices, but don't forget the credits.​

Whats the use of the Ipod touch 2g getting the Video options when it cant even capture videos ?

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1- iBluetooth will be released soon and you will can transfer videos from other devices and share.
2- You will able to trim and share iPhoto sync'd videos.
3- This mod will enable 3th-party apps to access the videos on your library Example: Upload a video to TwitVid via Tweetie 2.